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A Recovery Long Hold

Posted by StockBuz on January 5, 2011 at 10:21pm
Construction and engineering firm JEC has been basing nicely over the last two years. Only yesterday they were awarded two new contracts so it would seem that the bottom is in. They're rated a *buy* by S&P and have plenty of cash on their balance sheet with very little debt. I personally would recommend getting long *when* it breaks resistance, throw it in a drawer and don't look back.

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Tags: engineering, construction, long-ideas, jec
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